Q: i owned some glxy and it was nice to see 5i increasing their position.
do you like btcc, or do you recommend another and if you do like btcc ,is it the one hedged to cdn dollar dave
do you like btcc, or do you recommend another and if you do like btcc ,is it the one hedged to cdn dollar dave
5i Research Answer:
For exposure to a spot bitcoin ETF in Canada, we like the Purpose Bitcoin ETF (BTCC/BTCC.B) due to its large AUM of $1.3B, and OK MER of 1.49%. There is also the CI Galaxy Bitcoin ETF (BTCX.B) which has an AUM of $323M and a lower MER of 0.87%. We prefer non-hedged ETFs due to diversified exposure to the USD for Canadian investors.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in BTCC.B.